About your Search

20121101
20121130
STATION
KCSMMHZ 17
CNBC 8
KCSM (PBS) 6
WHUT (Howard University Television) 5
KRCB (PBS) 4
LANGUAGE
English 38
Search Results 0 to 39 of about 40 (some duplicates have been removed)
minister yoshihiko noda dissolved the lower house of the diet and set a general election for sunday, december 16th. his democratic party has been in power since 2009. he's framing the vote as a choice between the politics of the past and the future. >> the speaker of the lower house formally announced the dissolution of the chamber. the campaign officially starts december 4th. voters go to the polls 12 days later. prime minister noda says he wants to restore public trust in politics. >> translator: i dissolved the lower house of the diet because i wanted to keep my promise. i'm seeking a new mandate following the passage of the bills on social security and tax reforms upon which i base my political life. the major issue in the upcoming general election is how to steer this country in 2013 and beyond. can we move forward or do we turn back the clock and return to the old politics before the change of government? do we go forward or do we step back? that's the issue the public will vote on. >> the democratic party carved out an historic victory three years ago ending more than 50 year
noda dissolved the lower house of the diet and set a general election for sunday, december 16th. his democratic party has been in power since 2009. he's framing the vote as a choice between the politics of the past and the future. >> the speaker of the lower house formally announced the dissolution of the chamber. the campaign officially starts december 4th. voters go to the polls 12 days later. prime minister noda says he wants to restore public trust in politics. >> translator: i dissolved the lower house of the diet because i wanted to keep my promise. i'm seeking a new mandate following the passage of the bills on social security and tax system reforms upon which i staked my political life. the major issue in the upcoming general election is how to steer this country in 2013 and beyond. can we move forward or do we turn back the clock and return to the old politics before the change of government? do we go forward or do we step back? that's the issue the public will vote on. >> the democratic party carved out an historic victory three years ago ending more than 50 years of nearly
and party officials. the lead up to the decision played out on wednesday in the diet. noda debated theshingo leader. they said the ldp kept its part of the deal and helped the bills become law. the liberal democrats also agreed to back a bill to issue deficit covering bonds, but the prime minister added another condition. he demanded the ldp support a bill to reduce the number of seats in the lower house. ldp officials later announced they will cooperate with noda and the dpj. official campaigning for the general election starts on december 4th. jap be a niece voteless than two weeks later, on the 16th. >>> nhk world senior political commentator joins us. what prompted the prime minister to act? >> they met all the conditions the prime minister set including helping to pass bills to enact the budget cutting the number of lawmakers and making the disparate and representation smaller. there is a big disparate now between densely and sparsely populated constituencies, so eventually he has no excuses left. but it took some time. noda got caught up in his own words. back in august the prime minis
the figure for the dpj. 45.8% of people say they don't support any party at all. respondents also gave noda's cabinet a support rate of 23%, the lowest since he formed his cabinet in september last year. that's down three percentage points from last month's survey. the cabinet's disapproval rate is also at its highest ever at 59%. nhk also asked respondents if they want japan restoration party leader toru hashimoto to ally with the former tokyo governor ishihara. 47% said they favor an alliance. 48% say they don't seek an alliance. 5% couldn't answer either way. the japan restoration party leader and the former tokyo governor have played big roles in different ways in japan. earlier i spoke with michael ambe, who has covered japanese politics for years. michael, so why do you think these men attract the kind of support they do? >> both hashimoto and ishihara are outspoken politicians, and voters see them as strong leaders. hashimoto is the mayor of osaka, but this summer he started making moves to found the conservative japan restoration party. ishihara, on the other hand, is a veteran poli
'm catherine kobayashi in tokyo. japan's prime minister is getting caught up in his own words. yoshihiko noda suggested a few months ago he would call an election. members of the opposition are putting more and more pressure on him to follow through. but he faces divisions within his democratic party. noda said during the summer that he would call an election in his words some time soon. he says he stands by his promise. >> translator: i am responsible for my own words, and i take their weight very seriously. >> noda told his party's secretary general on sunday that he's thinking of dissolving the lower house by the end of the year. noda set three conditions for calling the elections including passing a debt financing bill. lawmakers expect to enact the legislation soon. kosishi says dissolving the diet would create a political vacuum. >>> we may soon see more american oil tycoons. yu yu yu yu yuko fukushima joins us now. >> we're hearing that the united states will become the world's largest oil producer within five years. the dramatic prediction by the international energy agency comes as n
noda could be closer to dissolving the lower house and calling a general election. his democratic party reached a preliminary deal with the major opposition parties to pass a bill to fund the budget. the enactment of the bill is one of the conditions that noda says must be fulfilled. noda said during the summer that he would call an election sometime soon. he says he stands by his promise. >> translator: i feel very responsible for my own words. that means i will dissolve the lower house soon. >> noda told secretary-general shintaro ishihara that he's thinking of dissolving the lower house by the end of the year. the dpj's policy chief met his counterparts from the opposition liberal democratic party and new komeito on tuesday. they agreed on a revision to the deficit bond bill. it's now expected to be enacted soon, allowing the government to fund this year's budget. but some democrats are opposed to an early general election. they say dissolving the lower house would create a political vacuum. they also question the timing after low approval rates for the cabinet and the party in recen
suggests public support for the cabinet of prime minister yoshihiko noda has dropped to a new low. nhk conducted the survey over the weekend after noda dissolved the lower house to call a snap election in december. the cabinet's approval rate stood at 22%, down one point from a week earlier. the disapproval rate rose by two points to a new high of 61%. the support rate for the democratic party rose nearly five points to 17.4%. that's against 24.7% for the opposition's liberal democratic party. the recently formed japan restoration party scored just below 4%. more than 34% of respondents said they support no particular party. voters were also asked who they would prefer as prime minister between the incumbent yoshihiko noda and ldp leader shinzo abe. 20% chose noda against 27% for abe. 48% said neither would do. >>> chinese authorities are investigating an incident that highlights the social tension bubbling below the surface in that country. hundreds of people in the southern city of fuan clashed with police over a traffic accident saturday, two days after china's new leadership took p
reporting from phnom penh. >> patchari, thanks. >>> japanese prime minister yoshihiko noda spoke with president obama about an ongoing dispute with china. noda briefed obama on the issues surrounding the senkaku islands in the east china sea. japan controls the uninhabited territory. china and taiwan claim it. the prime minister said he will deal with china calmly and continue bilateral discussions aimed at easing tensions and strengthening ties. noda stressed the value of ja n japan/u.s. relations. >> translator: we welcome the fact that the u.s. is shifting its strategic focus to the asia-pacific region. east asia's security environment is getting comp collated, so i believe our alliance the really important. >> that alliance between the united states and japan has been a cornerstone of prosperity and security in the region. and we are going to have the opportunity to further discuss steps we're taking to renew that vision and that alliance for the 21st century. >> noda and obama also spoke about the trans-pacific partnership. the prime minister emphasized his determination to
. >>> japanese prime minister yoshihiko noda met van rompuy and another eu leader on the sidelines of the asem gathering. they agreed to start free trade negotiations as early as possible in 2013. noda met with van rompuy and european commission president jose manuel barroso. he told them japan will promote measures to eliminate nontariff trade barriers. he also asked them to win the support of eu members in getting economic partnership talks started as soon as possible. the european leaders noted some member countries haven't announced their support. but they said free trade with japan is important for the region's economic growth. noda, van rompuy, and barroso decided to hold a summit early next year during which time they would agree to an official start of the epa talks. >>> toyota motor is predicting that its operating profit for this fiscal year will be bigger than it has expected. that's because of strong sales in north america and southeast asian countries as well as cost-cutting efforts. the automaker estimates that profit for the business year ending next march will total $13 billion
.s. has gotten very frustrated with tokyo. it no longer believes the noda administration is capable of joining. while prime minister abe may want to join for security reasons there's little faith in washington he can do anything until after the upper house election 2013, and perhaps not even then. so the u.s. will go ahead with tpp, without japan, let japan join later. the u.s. would like japan in it but japan has got to live up to the standards. that's the obama position. >>> market worries are not only focused on the u.s. fiscal cliff. problems in europe are weighing on sentiment. the european commission downgraded its forecast for economic growth next year. the eu executive arm announced its outlook for the 17 eurozone nations on wednesday. the commission now forecasts the eurozone gross domestic product will fall 0.4% in 2012 from a year earlier. that's the first negative growth in three years. it also predicts near zero growth, 0.1% for 2013. that's down 0.9% from its may forecast. the commission warns of more negative growth for cash-strapped greece and spain, and four other e
business leaders commented on prime minister yoshihiko noda's decision to dissolve the lower house. the chairman of japan business federation told reporters that noda made a tough decision aimed at resolving various problems to stop the political confusion. he also urged that the government should ensure measures to boost the economy are implemented, even after the dissolution. >> translator: it's vital to implement the economic measures that noda asked the relevant government of the offices to compile. >> the chairman of the chamber of commerce said it's regrettable that the move and ensuing general election will create a political vacuum at a time when the situation is severe, but he believes the election is inevitable for the economy to get out of of its prolonged stagnation. >> translator: i believe that seeking a public mandate through an election is inevitable for various economic issues. these include the free trade deal under the transpacific partnership. >>> china's elite officials are finishing up a high stakes game of political chess, strategizing and making moves that w
the use of nuclear power. the disapproval rate for prime minister yoshihiko noda's cabinet hit a record high at 64%. that's a three percentage point increase from a week ago. the approval rate remained unchanged at 22%. voters were also asked who they would prefer as prime minister. the two choices were the incumbent yoshihiko noda, who heads the democratic party, or shinzo abe, leader of the opposition's liberal democratic party. 21% of respondents chose noda. 26% favored abe. but almost half, or 49%, said they wanted neither. >>> japan's top government spokesperson says officials are gathering information in anticipation of a possible missile launch by north korea. u.s. satellite images indicate north korea recently transported what are thought to be long-range ballistic missile parts. japan chief cabinet secretary osamu fujimura says his government closely monitors missile-related activities in north korea. >> translator: we will work harder to gather and analyze information and will continue to take thorough measures to secure the peace and safety of the country. >> fujimura denied
through. he faces division within his party. noda said during the summer he would call an election and sometime soon. he says he stands by his promise. >> translator: i'm responsible for my own words and i take their weight very seriously. >> he told his secretary party that he's thinking of dissolving the lower house by the end of the year. he said three conditions for calling the election including passing a debt financing bill. lawmakers said they expect it soon high pressure he said he's concerned about the prospect of early elections. one of the world's biggest consumers of fuel may be self-relia self-reliant. u.s. us a makers churn out car after car but it seems americans will making more fuel to power them. >> that's light. industry analysts expect a major shift will take place in the near future. we're hearing the united states will become the world's largest oil producer in the next five years. the iea said u.s. oil output would surpass saudi arabia. commercial production has already begun. the agency says the u.s. will be nearly self-sufficient in energy by 2035. that's d
to dissolve the lower house. noda will hold another cabinet meeting to decide on the schedule. the party carved out a victory. noda and dpj will have to fight to hold onto power. their support has opinion sinking because of broken promises. the main opposition could gain the most seats. no party is expected to win a majority. >>> whoever forms japan's next government will inherit an economy in need of a serious reboost. ramin joins us now. where is this report coming from? >> this is the government's own monthly report. it really highlights the impact of falling exports in japan which japan relies so heavily on. government analysts downgrade eir assessment of the japanese economy for the fourth straight month. japan's exports were sluggish as shipments remain stagnant. this is due to a global economic slowdown. this is due to falling sales after government subsidy for car buyers came to an end. turning to the economic outlook support says movements are expected to continue for the time being. let's check on the markets. the dollar is keeping a firm tone against the yen. it almost hit a s
the u.s. has gotten very frustrated with tokyo. it no longer believes the noda administration is capable of joining. and when prime minister abe when i becomes prime minister may want to join for security reasons to shore up the u.s./japan agreement, there's little faith in washington he could do anything until after the upper house election in 2013, and perhaps not even then. so the u.s. will go ahead with tpp, without japan, let japan join later. the u.s. would like japan in it, but japan has got to live up to the standards. that's the obama position. >> reporter: japanese prime minister yoshihiko noda has congratulated the u.s. president, and promise cooperation. the foreign policy will also welcome obama's second term. senior officials expect the u.s. will maintain its international policies, including focus on asia. but problems remain for japan/u.s. ties. there is a call to relocate the u.s. air station in oak thank you way. the deployment of the u.s. osprey transport aircraft is another sticking point. defense officials have yet to convince local population to accept training flig
the two countries. he and japanese prime minister noda are expected to agree on the export of rare earth minerals to japan every year. currently japan depends on xworlts from china, but the chinese government is trying to divorce fi the sources. on other matters the two leaders are expected to agree to strengthen security cooperation. japan's maritime self-defense force and india's navy conducted their first joint drill in june. noda will ask singh to aadopt the bullet railway system for an indian project to connect cities. >>> a magnitude 6.8 earthquake hit central myanmar killing four people. the u.s. jigeological survey sa the quake occurred on sunday. it says the epicenter was about 110 kilometers north of manda y mandalay, the second largest city. it was nearly 10 kilometers deedee deep. officials said some building are damaged. a bridge under construction has collapsed leaving one person dead and four unaccounted for. the missing include construction workers. >>> the opposition candidates in south korea's presidential election have agreed to draft a joint pledge for economic and f
. >> japan is going to the polls on november 16th. just hours ago, noda signaled a possible end to his leadership of the world's third largest economy. japan's opposition ldp party is widely expected to stage a comeback with former conservative prime minister at the helm. they promise to rufrp gentlemet growth to 3%. strengthen relationships. but should we be at the point of sort of waving our hands and saying we can't did anything about central bank independence or should we be at the point that we should have seen this kind of aggression two, three decades ago? >> the debate has actually moved on on. i do like the expression that they wanted to strengthen cooperation. does that mean they take more government direction? the debate's moved on. central bank policy is still important, but there are other issues, as well. it's probably less relevant when the debate is no longer about just monetary policy. japan's had zero interest rate for a decade. >> they'll say will is a dangerous game because you lose the public's confidence and you'll ultimately end up down the road to suffer dom or
for maritime interests. u.s. president barack obama will hold talks with japan's prime minister yoshihiko noda and chinese premier wen. aimed at addressing strained relations over claims to the senekaku islands. the president is expected to stress any differences should be peacefully resolved according to international law. >>> now, japan's prime minister has praised myanmar's rapid reforms. and he's offered the country a development loan worth $600 million. yoshihiko noda met thein sein on the sidelines of the summit. myanmar has made steady progress on political reform. he promises to support the economic development. japan's public and private sectors will back reform efforts. it will be the first yen loan in almost 26 years. myanmar's leaders will use it to refurbish a thermal power plant in yangon. japan's government will extend the loans in february next year at the earliest. myanmar's to foreign investors. >>> letting out a small sigh of relief. trade agreement. joins us from the business desk. what's the story here? >> as you know, political tensions have tied up in parts of east asia.
the school when he was in the third grade. japanese prime minister yoshihiko noda contacted the president and pledged his cooperation. u.s. and japan have the opportunity to improve ties, especially since relations between japan and china have soured over the senkaku islands conflict in the east china sea. south korean president lee myung-bak said he's sure the u.s. and south korea will continue to develop their alliance. australia is another key ally in the region. prime minister julia gillard pledged cooperations during president obama's second term. >> i'd like to welcome president obama my warmest congratulations on his reelection. we've got so much to do together in these years. >> chinese leaders also sent congratulatory messages. yet china's one asian country that might become frustrated with an expanded u.s. presence in the region. chinese have vowed to strengthen their maritime strength. not everyone in the region shared excitement over obama's victory. ahmadinejad accused the election as capitalists. obama wasted no time in showing his continued interest in the region. white hou
yoshihiko noda presented the position of the ruling democratic party. he pledged to aim for a shutdown of all nuclear plants by the end of the 2030s. >> translator: i believe that after last year's nuclear accident the public is determined to get rid of nuclear power and to shut down the plants. we need to promote realistic policies that respond to these expectations. >> one of noda's main opponents, liberal democratic party leader shinzo abe said nuclear power should not be a matter of black or white. >> translator: after experiencing such a severe nuclear accident, we've all decided that japan should depend on nuclear power as little as possible. but the ldp's position is not to simply say let's go nuclear-free. that's because we're a responsible party. >> abe said the real issue is how to secure enough electricity. he added it would be unreasonable to rely on renewable energy sources as they have yet to be fully developed. the leader of the newly formed tomorrow party, yukiko kada, called for an end to nuclear power generation within a decade. she added her party would push for elec
yoshihiko noda has dissolved the lower house of parliament, paving the way for general elections. he has followed through on an earlier pledge to call elections after the opposition liberal democratic party agreed it would support several key pieces of legislation including a deficit financing bill and the electoral reforms. the election itself will be held on december 16. the german chancellor angela merkel has arrived in moscow for talks with the russian president vladimir putin. both sides are looking to ease tensions caused by berlin's recent criticism of russian's record on human rights. this is angela merkel has called on cairo to use its influence on cairo to ease heightening tensions in gaza. a yacht that washed up on a deserted island in condo was found with a badly decomposed body on board and 200 kilos of cocaine worth $120 million. the australian federal police said international law people have been monitoring the bozen's when it left south america until they lost contact with the last month. police in a small pacific island nation have not ruled out the population the death
prime minister yoshihiko noda, the country will have to prepare for obama's second term. >> all right, thanks for that ma say i don't. >>> obama will likely need every day of his second term to get through the agenda he faces. we spoke more about the president's to-do list with professor mike mute soouk i can of george washington university. >> i think the number one priority will be on the domestic side dealing with the deficit issue, the entitlement programs and reaching out to the republican party to see if he can break the deadlock. in terms of foreign policy, it comes down to this, that the united states needs to be able to do more with less resources. there have been many president that is have come into office that wanted to focus on asia. it's a no-brainer that the asia pacific region is perhaps the most dynamic and important region for the united states. but you have to remember that the united states is a global power, and when there are new issues that emerge in the middle east or elsewhere, south asia, that need critical attention, then the united states will turn its focu
reforms. he's offered a development loan worth $600 million. noda met the president on the sidelines. he said myanmar has made steady progress in political reform. he promises to support the country's economic development. >> translator: japan's public and private sectors will both back myanmar's reform effort. >> it will be the first loan in almost 26 years. they will use it to refurbish a power plant. they plan to invest in the commercial economic zone. japan's government will extend the loans in february of next year. they promise to make the country more attractive to foreign investors. >>> expecters in japan are hoping they will be able to shift more of their products to neighboring countries. exporters need any help they can get. >> not only that they are struggling against trade barriers and they are hoping one may be on the way because japan and south china will start trade talks. trade officials from the nations will meet on the sidelines. the delegates are japan strait minister, china's commerce minister and trade negotiator. the ministers agreed in may during talks in beijing
yoshihiko noda. noda is expected to stress the need to peacefully resolve territorial maritime disputes in line with international law. relations are eroding between japan and china over the senkako islands issue. japan nationalized the islands that china and japan also claim. >>> japan currently has only one operating nuclear plant. the country's nuclear regulatory body has put off a conclusion on whether a fissure under this plant is an active fault line. if the line is found to be active, the authority will ask the operator to shut down the plant. five experts conducted a survey on friday at the ohi plant. they examined the fissure that runs beneath the plant compound. a key pipeline that transports cooling water from the ocean to the reactors runs across the nearly one kilometer long seam. the nuclear regulation authority panel was supposed to reach a conclusion on sunday, but their views were divided. a university professor said analysis of sediment above the fissure suggests it is active. >> translator: i've concluded that an active fault exists. i don't see any need for a more ca
is concerned they may prime minister yoshihiko noda may take that occasion to express japan's participation in the pacific rim free trade talks. >>> in south korea, the disparity between large and small enterprises is expected to be a major issue in next month's presidential election. small-sized stores across the nation are protesting the opening of big supermarkets in their neighborhoods. 300 people, including small shop owners, rallied in seoul. they're making demands to supermarkets to close for one day over weekends when customer traffic is high. small retailers are under pressure from large stores in their neighborhoods. supermarket operators are making huge profits by taking advantage of their diversified business. meanwhile, the government brought together the two sides for their first meeting. executives of leading chain store operators met with representatives of a small retailers association. in response to complaints from family run shops, the managers of chain operators propose they would not set up stores in cities with a population of 300,000 or less. they also offered to clo
: stopping and reventing corruption is a big challenge for all authorities especially the judiciary. >> noda offered japan's assistance to develop effective legal systems. japan is planning a program to train lawyers from myanmar and help revise its civil code. myanmar's reform government is led by civilians, but the constitution still reserves one-quarter of seats in pal meant for the military. during wednesday's speech, the chief justice said all citizens have the right to equality, freedom and justice. but he stopped short of saying whether the constitution should be changed. >> and that wraps up our bulletin from bangkok. scientists are raising the alarm over another source of global warming. that comes from perm ma frost which scientists say is melting releasing greenhouse gasses trapped under the ice. the authors say perma frost contains huge amounts of carbon from the melting of organic matter. perma frost covers almost a quarter of the northern hemisphere including large parts of siberia and canada. it could release as much as 105 giga tons of co2 before the end of the year. >> perma
summit that opens in cambodia next week. the group is concerned prime minister yoshihiko noda may take that occasion to express japan's participation in the free trade talks. >>> in south korea, the disparity between large and small enterprises is expected to be a major issue in next month's presidential election. small-sized stores across the nation are protesting the opening of big supermarkets in their neighborhoods. 300 people, including small shop owners, rallied in seoul. they're making demands to supermarkets to close for one day over weekends when customer traffic is high. small retailers are under pressure from large stores in their neighborhood. supermarket operators are making huge profits by taking advantage of their diversified business. meanwhile, the government brought together the two sides for the first meeting. executives of leading chain store operators met with representatives of a small retailers association. in response to complaints from family-run shops, the managers of chain operators proposed they would not set up stores in cities with a population of 300,000
it through the lower house by as early as next week. but more challenging for the prime minister noda is whether he can push the bill through the opposition controlled house without promising to call a general election by year's end before the good news for noda is the opposing leader has hinted that his party may agree to the bill even if noda does not promise the election before the measure which is failed to pass the ordinary diet session will allow the government deficit covering bonds to finance 40% of the fiscal 2012 budget. without it, the finance ministry will have to freeze more spending and government bond issuance would come to a halt with a ten year debt august on december 4th. back to you. >> thanks very much for it that. and now a quick look at what and he on the agenda in asia tomorrow. key economic data out of china, the october indicators are expected to signal a recovery in chinese growth thanks to beijing's fine tuning policies. we'll get cpi and ppi, expected about 2:30 a.m. central european time. and china will release retail sales, fixed asset investment at about
-month law. the yen is weaker. there's now thoughts that prime minister noda may be talking about an early election. aussie dollar still on this 1.04 mark. that's where we stand right now here in europe. what about what's happening in asia? nice to see her back. sixuan is with us. >> yeah, good to see you, ross. most asian markets eked out modest gains after recent losses. the shanghai composite turned higher in the afternoon, allowing investors to wait the unveiling of that committee tomorrow. paper producers rallied with raw materials costs for the sector expected the decline. we saw broad based gains in hong kong, but next media shares plunged 13% before trading halted. in japan, the nikkei ended just a touch higher after falling for seven straight sessions. sharp shares surged 7% on reports of a possible tie-up with intel and qualcomm, but banking shares were under pressure ahead of earnings, mostly out after the bell. elsewhere, the kospi finished higher by about a quarter of a percent. teches and autos outperformed. costco shares ended flat. taiwan finished marginally in the green. t
and eventually forcing the hand of the noda administration to nationalize the islands or bring them under control of the japanese state has caused and spread so many problems and misinterpretations between the states of intentions of both states. on the noda side, their pup of bringing these islandses under control was to prevent any further incursion of both japanese and chinese nationals on to the islands to prevent tensions from rising between the two states. i think this has been misinterpreted on the chinese side. it helped exasperate nationalism on both sides. will this change with theed a vent of the new party in japan? i don't think it will change. the sunrise party will not come into power. he will not be a political force in terms of the next administration. those two leaders are interested in strong sigh know japanese operations and building a peaceful path forward.know japa operations and building a peaceful path forward.rs are ind in strong sigh know japanese operations and building a peaceful path forward. hopefully they can do it on better cultural and economic and political terms.
. prime minister noda does want to compile a supplementary budget. so that's the focus going forward. >> when you look at the economic numbers and the performance of japanese equities, mismatch, look good, bad? >> japanese equities has been one of the weakest in the world. when you see ga's economic numbers, i think you can see why. and let's not forget the export sector has been a key part. we see the problems sharp and panasonic and it's all there. >> all being hurt by the end, but doesn't seem to be anyway out of the end to weaken. >> well, the bank of japan is now trying to adapt unorthodox quantitative easing policies. so far it hasn't worked. but if you compare 240es policies compared to what the fed has done and the bank of england, it's just not enough. >> yes, but do they have any control over the occurrences city? >> by themselves, they wanted to, they could debate and could depreciate their currency. the fact of the matter is that they don't really want to do that. the bank of japan is more germanic in its approach. they don't think that money on its own can create economi
has agreed to pass them through the upper house. prime minister noda is set to call a general election on december 16th. toek i don't stocks reacted with the nikkei rise to go a one week high. the yen fell sharply topping the 80 mark against the dollar on speculation for further easing by the next government. if his party takes power, he'll press the bank of japan to take bolder moves to counter the strong yen and deflation. he says the central bank should set an inflation target at 2% or 3% and conduct unlimited easing measures to achieve it. that could even involve interest rates set below zero. back to you. >>> still to come, austan goolsbee calls europe's problems fundamentally unsolvable. stay tuned for that. about the makeup of the new politburo. some say it's too conservative and that could mean a slower path to reforms. joining us live is senior economist for greater china at anz. raymond, looking at what we're finding out about the makeup of the new leadership, what do you think is likely to happen in the near term when it comes to further economic reforms? >> a pretty success
225 climbed 4% last week alone after noda said he was dissolving the lower house secretary the stage for election on december 16th. this week tokyo equities continued the positive momentum. markets are factoring in further ease aing if the opposition ldp party wins in the polls. foreign investors expect wen will help ease the negative impact of a strong yen on japanese exporters. no surprise then why stocks like cannon gained 7% last week. but there are also worries from market watchers that japan's recent rally may be driven mostly by short term investors such as then funds. that's what happened following the boj decision to ease monetary decision back in february. the market proceeded to dip a couple months after that. back to you, kelly. >> okay. thank you very much for that. now, the battle between who is right and who is wrong continues with research firm muddy waters threatening to counter sue owe olam. deidre, what's the latest? >> it is quite the battle of some pretty epic corporate proportions. now, the two olam and muddy waters have been trading bashes that started when mud
current prime minister noda has dissolved the lower house paving the way for fresh elections in to december. we can take a look at what's been happening with markets. the n nikkei adding better than 2% for the last couple of days. as the yen weakens, we're seeing this rally come into the nikkei, lifting stocks. why? because there's basically a view that when the ldp comes back into power, and he'll be the seventh prime minister in the last six years, but he will nevertheless his party has been calling on the bank of japan to pursue more aggressive stimulus policies. yes, even more aggressive than it's already been basically to join the unlimited qe camp along with the u.s. and in that sense raisin nation towards maybe 3%. that's the new target they're floating. in any case, even at a time when we've seen more hedge funds betting against japanese corporations, here comes policy trying to sail to the rescue. a key litmus test broadly speaking as we look at other western nations wondering whether they'll go the way of japan in the future as to whether aggressive moves three deca
minister yoshihiko noda, have arrived. noda is expected to stress the need to peacefully resolve territorial maritime disputes in line with international law. relations are eroding between japan and china over the senkaku islands issue. japan nationalized the islands that china and taiwan also claim. >>> india's ruling congress party is promoting its open markets initiative to revive the nation's slowing economic growth. the party convened a massive gathering of supporters in the capital new delhi on sunday. an estimated 100,000 people are said to have attended. in september, india's coalition government announced deregulation measures to allow major foreign supermarket operators to enter the indian market under certain conditions. but the decision sparked protests, causing one political party to leave the coalition. its leaders said the measures would put undue pressure on smaller businesses. >>> prime minister how man sing told the gathering foreign investment would spur growth in the retail sector. congress party leader sonia gandhi said foreign investment is necessary to prov
Search Results 0 to 39 of about 40 (some duplicates have been removed)

Terms of Use (10 Mar 2001)